Description: (Bloomberg) — BorgWarner Inc.’s attempt to garner more respect from investors for its effort to shift to electrification fell flat, triggering an 8% slide in the auto-parts maker’s shares on the day it presented its strategic vision.
Source: Yahoo.Finance.com and Bloomberg.com
Date: Mar 24, 2021
Link: https://ca.finance.yahoo.com/news/borgwarner-shares-drop-attempt-showcase-225352524.html
Questions for discussion:
- Explain the stock price movements.
- Do you think the company is a good buy at this time?
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